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Suraj Products - Quaterly Results

20 May 2022 Evaluate
The sales declined to Rs. 598.89 millions for the March 2022 quarter as compared to Rs. 712.38 millions during the corresponding quarter last year.Handsome Net Profit growth of 55.18% reported above the corresponding previous quarter figure of Rs. 47.05 millions to Rs. 30.32 millions.The Operating Profit of the company witnessed a decrease to 98.30 millions from 108.71 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 598.89 712.38 -15.93 2368.52 2176.99 8.80 2368.52 2176.99 8.80
Other Income 0.87 0.43 102.33 2.87 2.11 36.02 2.87 2.11 36.02
PBIDT 98.30 108.71 -9.58 439.14 310.09 41.62 439.14 310.09 41.62
Interest 11.80 12.98 -9.09 44.79 70.64 -36.59 44.79 70.64 -36.59
PBDT 86.50 95.73 -9.64 394.35 239.45 64.69 394.35 239.45 64.69
Depreciation 22.64 23.88 -5.19 85.80 94.35 -9.06 85.80 94.35 -9.06
PBT 63.86 71.85 -11.12 308.55 145.10 112.65 308.55 145.10 112.65
TAX 16.81 41.53 -59.52 72.77 53.43 36.20 72.77 53.43 36.20
Deferred Tax 16.79 27.00 -37.81 17.87 26.66 -32.97 17.87 26.66 -32.97
PAT 47.05 30.32 55.18 235.78 91.67 157.21 235.78 91.67 157.21
Equity 114.00 114.00 0.00 114.00 114.00 0.00 114.00 114.00 0.00
PBIDTM(%) 16.41 15.26 7.56 18.54 14.24 30.16 18.54 14.24 30.16
Peers
Company Name CMP
JSW Steel 1247.40
Tata Steel 184.25
Steel Authority 173.95
Jindal Stainless 739.00
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